diff --git a/conda/recipe/meta.yaml b/conda/recipe/meta.yaml
index edf88cbca968..4a5602b4daa9 100644
--- a/conda/recipe/meta.yaml
+++ b/conda/recipe/meta.yaml
@@ -15,7 +15,7 @@
 # specific language governing permissions and limitations
 # under the License.
 
-{% set version = '0.22.dev0' %}
+{% set version = '0.23.dev0' %}
 {% set pkg_name = 'tvm' %}
 {% set cuda_tag = cuda_version | replace('.', '') %} # [cuda]
 {% set pkg_name = pkg_name + '-cu' + cuda_tag %} # [cuda]
diff --git a/include/tvm/runtime/base.h b/include/tvm/runtime/base.h
index c704decb63e9..d838966aec13 100644
--- a/include/tvm/runtime/base.h
+++ b/include/tvm/runtime/base.h
@@ -29,7 +29,7 @@
 #include <tvm/ffi/c_api.h>
 
 // TVM version
-#define TVM_VERSION "0.21.dev0"
+#define TVM_VERSION "0.23.dev0"
 
 // define extra macros for TVM DLL exprt
 #ifdef __EMSCRIPTEN__
diff --git a/pyproject.toml b/pyproject.toml
index 475e183ffcba..987e17928408 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -22,7 +22,7 @@ build-backend = "scikit_build_core.build"
 [project]
 name = "tvm"
 # Note: Call version.py to update the version before building the wheel
-version = "0.22.0.dev0"
+version = "0.23.dev0"
 description = "Apache TVM: An End-to-End Deep Learning Compiler Stack"
 readme = "README.md"
 license = { text = "Apache-2.0" }
diff --git a/python/tvm/libinfo.py b/python/tvm/libinfo.py
index c61a8c2cb6df..59caf7b2fd3a 100644
--- a/python/tvm/libinfo.py
+++ b/python/tvm/libinfo.py
@@ -266,4 +266,4 @@ def find_include_path(name=None, search_path=None, optional=False):
 # We use the version of the incoming release for code
 # that is under development.
 # The following line is set by tvm/python/update_version.py
-__version__ = "0.22.dev0"
+__version__ = "0.23.dev0"
diff --git a/version.py b/version.py
index 4bd37c500c02..a5bc19164c70 100644
--- a/version.py
+++ b/version.py
@@ -45,7 +45,7 @@
 # Two tag formats are supported:
 # - vMAJ.MIN.PATCH (e.g. v0.8.0) or
 # - vMAJ.MIN.devN (e.g. v0.8.dev0)
-__version__ = "0.22.dev0"
+__version__ = "0.23.dev0"
 
 # ---------------------------------------------------
 
diff --git a/web/package-lock.json b/web/package-lock.json
index 79ea7dfecd62..a9e18f883515 100644
--- a/web/package-lock.json
+++ b/web/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "tvmjs",
-  "version": "0.22.0-dev0",
+  "version": "0.23.0-dev0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "tvmjs",
-      "version": "0.22.0-dev0",
+      "version": "0.23.0-dev0",
       "license": "Apache-2.0",
       "devDependencies": {
         "@rollup/plugin-commonjs": "^20.0.0",
diff --git a/web/package.json b/web/package.json
index 7893fce407da..5871b83f4e1d 100644
--- a/web/package.json
+++ b/web/package.json
@@ -3,7 +3,7 @@
   "description": "TVM WASM/WebGPU runtime for JS/TS",
   "license": "Apache-2.0",
   "homepage": "https://github.com/apache/tvm/tree/main/web",
-  "version": "0.22.0-dev0",
+  "version": "0.23.0-dev0",
   "files": [
     "lib"
   ],